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Revised code aims to promote more effective leadership
The Chartered Management Institute has launched a revised Code of Professional Conduct and Practice.
The Code was launched in response to research from the Institute that suggests UK managers are failing to demonstrate the leadership qualities employers and their team members want to see.
The research found that less than four in ten individuals claim to see the management and leadership qualities they expect in the workplace.
Three core characteristics to inspirational leadership were identified by the research including 'genuine shared vision' (79 per cent), 'real confidence and trust in teams' (77 per cent) and 'respect for employees, colleagues and customers' (73 per cent). The lack of these management attributes were thought to affect employee motivation levels which, in turn, could impact on organisations performance.
Responding to this skills gap, the Institute says its revised Code outlines the key attributes managers' need to be successful. It calls for individuals to 'foster a culture of openness and transparency' and to 'communicate clearly, effectively and openly'.
The code also requests that managers exhibit 'mutual confidence and trust', and to 'respect matters of faith, conscience and diversity' as well as 'the customs, practices and reasonable ambitions of others'. It aims to influence the behaviour and attitude of managers to promote more effective leadership and, in turn, boost UK productivity.
Jo Causon, director, marketing and corporate affairs at the Chartered Management Institute, said: "In light of our research and the Leitch Review of Skills, it is clear that UK management and leadership abilities should be developed as a key priority to ensure UK operations remain globally competitive.
"Adopting the new Code will provide individuals with a framework of best practice management conduct with which to base their relationships and activities with colleagues."
According to research among Institute members prior to the launch of the new code, the majority of managers (88 per cent) would encourage its use within their own organisations. When asked about what should be included, integrity (79 per cent), unlawful practices (68 per cent) and personal accountability (67 per cent) were cited as most important to management conduct and practice.
For more information on the Institute's Code of Professional Conduct and Practice, visit: www.managers.org.uk/professionalpractice
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